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MG Retail Partners Announces Completion of Revitalized Retail Center in North Richland Hills, TX

MG Retail Partners Announces Completion of Revitalized Retail Center in North Richland Hills, TX

Southlake, TX – February 1, 2024 – MG Retail Partners, a leading developer and owner of retail properties, today announced the opening of a revitalized retail center at 5196 Rufe Snow Drive in North Richland Hills, TX. The project transformed the former Minyard’s box into a vibrant shopping destination featuring popular national retailers Ross, Five Below, and PopShelf. WinCo Foods and Floor & Decor remain as co-tenants at the property.

“We are thrilled to bring this exciting new retail center to the North Richland Hills community,” said Guy Grivas, Principal and Co-Founder of MG Retail Partners. “We have had our eyes on this property for over a decade, recognizing its potential due to its excellent location at a high-traffic intersection. We are confident that the diverse tenant mix, including the highly anticipated Ross, Five Below, and PopShelf, will be a welcome addition to the community and attract shoppers from the surrounding area.”

MG Retail Partners acquired the property in 2013 and undertook a comprehensive redevelopment plan. The existing building underwent a complete transformation, adorned with fresh facades and dedicated entrances for each tenant. The center’s common areas were also revitalized, offering ample parking and fostering a convenient and enjoyable shopping experience for customers.

The new tenant lineup caters to a variety of shopping needs and demographics:

With the completion of this project, MG Retail Partners continues to demonstrate its commitment to revitalizing and repurposing retail properties in strategic locations. The company has a proven track record of success in developing high-quality retail centers that serve the needs of local communities.

About MG Retail Partners

MG Retail Partners is a fully integrated retail development company with a focus on community and value creation. With decades of experience and a proven track record, MG Retail Partners specializes in the acquisition and development of retail properties throughout the United States. For more information, please visit www.mgretailpartners.com.

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